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up with to give tax credit for those turning in assault weapon. and commission that looks at the overall problem of the mass violence. >> bret: shannon bream, thank you. get insight now from senior political analyst brit hume on both stories and the tone of the news conference today. good evening. >> what is interesting to see the tone and tenor of today, the last news conference of the first term? >> if you heard it and you didn't know when it was, you might think that the election campaign is in full swing. unusually partisan. most presidents may make a quiet reference to other part party. this president is more directly partisan than under normal circumstance than i can remember. i think he senses that the republican party is in bed with the public and if he deepens that problem for them, it softens them up to do things his way. but he was strikingly partisan. >> bret: what does it por tepid for debt ceiling negotiation? >> this is a place where the republicans have more leverage than in the recent fight over the fiscal cliff. the law already was going to raise taxes on
. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives i
, a big hoax, you'll hear the wild story next. and payroll taxes going up across the board, but a governor has a plan to eliminate his state income taxes, is he the governor of your state? he's hear. did you hear what former president bill clinton said about his wife, secretary of state hillary clinton? you're going to be surprised and hear from president clinton himself coming up. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. [ male announcer ] marie callender's puts everything you've grown to love about sunday dinn into each of her pot pies. tender white meat chicken and vegetables in a crust made from scratch. marie callender's. it's time to savor. [ male announcer ] finally mom's oven baked taste... straight from the microwave. lik
football stair is at the center of a hoax, a big hoax, you'll hear the wild story next. and payroll taxes going up across the board, but a governor has a plan to eliminate his state income taxes, is he the governor of your state? he's hear. did you hear what former president bill clinton said about his wife, secretary of about his wife, secretary of state hilililililil [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. just like you. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the rd like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanes
down on income tax evasion by higher earners. the party is planning to make the issue a top campaign topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodgers. they want to create a central authority to investigate tax fraud and harmonize procedures across the federal states. they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when it comes to issues like exchanging information. angela merkel's christ
a lot of taxes and a lot of stories are moving in california moving from deep in the ready to in the black and coming at a high price in california. is it likely democrats will sell the story, that spending is not,er so, spending cuts are not the way to go, raising more revenue, more taxes is? >> oh, look i'm certain that is coming. there is no question in my mind that is coming but i can also assure you, bill, what is coming from the other side in the long run that hurts economic growth. in the long run that will bring about less revenue rather than more. what you're doing there you're taking money away from job creators. ultimately you will kill jobs that will bring about less revenue and everyone hurts as a result of that. it is not just those at the top end of the economic scale. it is those along every end of the spectrum and especially those who are hard-working americans living paycheck it paycheck. that is who those tax increases really hurt. in the end the government loses as well. bill: senator, thank you for your time because as we're asking these questions and t
is behind us when it comes to taxs. >> take a look at what is in the package in terms of spending. additional savings from medicare and medicaid in it. savings from agricultural sub is sidis. the president already signed a trillion dollars of deficit reduction into law and committed to more spending cuts but we can't just cut our way to prosperity. we have toasting to invest in things like -- we have to continue to invest in things like education and energy. he put reducing the deficit in a balanced way to promote jobs for middle class families and that is going to be his guiding principle through the negotiations. >> i want to ask you quickly about the republican idea. would you support it but with the caveat they are telling the senate you haven't passed a budget in more than three years and you need to do that so we have a baseline for negotiations. >> well, let's revisit what the debt limit actually is. this is about congress paying the bills for what it has already racked up. the white house has made clear that the president will take a look at the proposal. they said it is e
is it will increase -- by not raising the debt ceiling, you should be able to raise taxes on the wealthy, making $200,000 a year or more. host: ok. anthony in greensboro, north carolina, independent. caller: good morning. i have done quite a bit of research on the debt. what i don't hear from anybody, whether from the politicians or people asking questions, is the fact that the united states over the last 10 or 15 years has overwhelmingly started bases all over the world. over 1200 bases. and i cannot get a direct answer to actually how many. each would bring in the amount of money well over $1 trillion in just the maintenance. along with that, on the far side, after deep search, i discovered that the united states in the last eight years, since 1998, i believe, through nasa, they have come to believe in some kind of solar scenario along with an economic scenario and have been spending a lot of money in creating bases or underground cities in preparation, which is understandable, as any other nation, including japan and china have been doing themselves. host: next we will hear from a democratic calle
on your debt. well we have 2 1/2 trillion dollars coming into the treasury every year in tax revenue. we can use that tax revenue to pay the interest on our debt. therefore, we will not default. all this talk about being a deadbeat nation, that belies the fact that we have never, and will never default on our obligations. the obligation being to pay the interest on the debt. we're not a deadbeat nation and we're not going to default, period. yes. period. martha: comes down to the big question whether or not you will cut spending in order to not default on your debt. and that brings us to a larger question or one of the larger questions, which is whether or not we will be downgraded if we don't become more responsible with our spending? >> interesting you should raise that issue, martha, because 45 minutes ago, fitch, the ratings agency said, if we have another delay in raising this debt ceilingsing, if we have this political standoff again just like we had in 2011, fitch says we may be downgraded. his name is david reilly. he is managing director at fitch and he said if it is just like 2
, a way they can pay taxes and drive cars and live as human beings. if you want to talk from there to a path to citizenship, i think we can build a consensus around that by the steps would be required. it would be terrible to say we are going to have made them legal and they would never have an opportunity for citizenship. i think that would say something we would not like. the ambassador and i could probably debate the strategy on how to get from here to there but there is no question what is needed immediately is legalization and a path to get to where we would like to be. >> then you talk about the difference between now and 2007? are you more hopeful this time? >> i believe, there have been more people coming out in favor. there are people who have moderated their stance on this from six years ago and i think part of that is an understanding that no action is very bad for the country. i would also like to say, because i believe you have an asian background, the question about the future flow is excellent. this is not just about hispanic immigration, or undocumented immigr
to raise taxes and democrats don't want to touch entitlements it will be a heavy left but may bring optimistic. >> gregg: do allies of president obama maybe there is an opportunity to get big things done? >> they do seem encouraged following the house republicans' offer to increase the debt limit nation's built to borrow for three months and in exchange allow the house and senate to pass a budget. republicans would like to see a budget with spending cuts. here a key white house advisor on the g.o.p. offer. >>> we don't think the short term is smart for the economy. two or three months has uncertainty. we are please today see the republicans in the house drop their previous position which was, they were only going to pay the bills they racked up if they got what they wanted in deep spending cuts in medicare and other programs. that is progress. >> reporter: starting a new term president obama has reluctance will ri he is the one politician in washington who does not have to run for reelection. it be interesting to see what he wants to do to try to push big things across the finish li
more. you do not want to miss lou dobbs coming up with his take of the situation as well. lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that has headlines and number one performer in the s&p 500 today. stellar performance, up 9.5%. there is quite a bit going on with cbs. they're turning their north and south american outdoor advertising divisions, putting some billboard divisions up for sale. one analyst says a split could unload asset values between 5,000,000,006,000,000,000. here is a one-year chart that shows you how well they set up for the one-year period the tenure charge shows how we went through the crisis. recouped all those losses and stil
's instant opposition is not about raising taxes on the wealthy, like last year. nor is it about proposing to raise the tax cuts. this time the issue is gun safety, including universal background checks supported by nearly nine out of ten americans. the president, once again, is taking his message to the people. as did he with _#$40. >> i promise you the american people, your voices, made a difference on this debate zoosh as he did with _#my2k. >> if there's one thing that i have learned, when the american people speak loudly enough, lo and behold, congress listens. >> yesterday the white house launched _#now is the time. >> this will not happen unless the american people demand it. >> the president has a new website explaining the proposed laws. he penned an op ed in the connecticut post today, and he is planning to hit the road to sell his plan with speeches around the country. as the white house tries to engage the public, senate majority leader harry reid will try to engage the senate. in a statement yesterday reid wrote "i am committed to insuring that the senate will consider legisla
of taxes or revenues that he's projecting come in. you guys skeptical about his happy days are here again routine? >> well, you know, looking at the budget, have you ever driven in europe? you know the highway signs, the speed limits in europe it's considered over there philosophical concept. that's what we see with this budget. it is his idea and realistic. he's taking real numbers and kind of melding them into something that will work. i think it's a good budget, realistic, balanced in the sense he's not spending as much money to pay back the short- term debt as he was projecting last year and that's how the budget is balanced and we will see how it plays out in the future. >> when you say melding it into something that will work, that translates for a lot of people into these budget tricks that end up to be a totally realistic budget in the end but we hear about all of these tricks. >> that's what we have seen in the past but this one is different because the numbers are -- you know, we are only talking about a billion dollars of deferrals or c
within the society. ordinary people are suffering of austerity. a few people involved in a tax scandal. whether to investigate top politicians including two former prime ministers and the former finance minister or canceling a list of suspected tax evaders with the names of thousands of greeks on it. the former finance minister in greece has denied responsibility. >> he denies any involvement. he said he did not dr. the list and and he's being made a scapegoat. ordinary greeks have latched on to this affair, captivated by every twist and turn. it confirms for them better in quality gap between the wealthy and poor has grown, that corruption still eats up the heart of this troubled country. they are desperate to find somebody to blame, somebody to punish for the mess that this country is in. top story. he grounding of boeing's dreamliner is grounded pretty much globally accept for ethiopia. it is inevitable that they will follow suit. >> stay with us. we have errantry coming up here on gmt -- a rare treat. what it was really like to be a russian czar. we will step inside the kremlin. th
with the outcome. democrats complain that obama caved. because the president's plan allows george w. bush's tax cuts to become permanent. for those making less than $400,000 a year. these democrat critics fear that obama's second term instead of being quote, unquote bold will be quote, unquote cautious as his first term. and on the right, republicans moan and grown and say that -- groan and say that obama is demeaning in the way he deals with house speaker john boehner. hold on, says columnist rockman. we expect too much of obama he says because in the united states, we subscribe to the quote, unquote myth of the imperial presidency. other transformational democratic presidents such as fdr and lbj, rockman says, have substantial democratic majorities in both the senate and in the house to enact their landmark legislation. obama in contrast has had to work with a narrow democratic majority in the senate and with an opposition party, the republicans in control of the house for the two years since january 2011. well, what about ronald reagan? president of the united states two successful four-year
share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. lou: the white house responded by calling the nra cowardly. press secretary offering one of those obama rules as they like to call the say most americans agree that a president's children should not be used as pawns in a political fight. but to go so far as to make the safety of the president's children the subject of an attack and is repugnant and cowardly. well, obama rule number one. bad form to point out the president's children are protected by armed guards and appropriately so, but okay for the presidents to use other people's schoolchildren as props in his news conference in which he advocates a rollback of second amendment rights. our first guest says the president is using the tragedy to bolster an anti-gun agenda and that that is an affront to the second amendment. joining us tonight, the attorney general of the great state of texas. good to have you with this. let me first give your reaction, if i may, to the president's executive orders and as they are called, memoranda to dea
and evaporation. combination of those variabl variables. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in announcing their departures. more than 8,000 new york city school bus drivers on strike tonight. many students disabled had to find other ways to school this morning. job protection is the hang up. they put a contract with the private bus up for bid. it just got tougher to have your voice heard by the white house. taking gun control at schools for what you might consider a ridiculous extreme. grapevine explains next. >> bret: the white house quadrupleed the threshold on the signatures for the lead the people petition site. the new minimum, 100,000 signatures in 30 days. that is
they spend, they send to washington every year in taxes, here's what they get back, new jersey. 61 cents. connecticut, 69 cents. new york, 79 cents. in kansas, they might say look, you guys are loading off us every year. you get $1.12 for every dollar you send in. don't they deserve their money back? isn't this a chance to give it to them? >> i don't know what those numbers are but everybody is getting back more than they send in because 40 cents out of every dollar that's spent in washington, d.c., whether it's relief aid or for any other purpose, is borrowed. what we're trying to do here is make certain if we're going to spend $50 billion or $40 billion or $10 billion, it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015, why do they have to rush it through. there is going to be pork items in this bill, no question. smithsonian, numerous other places have nothing to do with disaster relief. that's what happens around here far too often. that's what i'm concerned about is when we're borrowing 40 cents out of every dollar, w
they look at it this way, for every dollar they send to washington every year in taxes, here's what they get back, 61 cents, new jersey. new york 79 cents. in kansas mayim bialik say you are loading off of us every year. you get 1.12 for every dollar you send in. don't they deserve their money back. >> i don't know what those numbers are. we have an america that everyone is getting more than they send in. 40 cents of every dollar back in washington, d.c. for relief aid or any other purposes is borrowed. what we are trying to do if you are going to spend 50, 40 billion or $10 it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015 why rush it through? there's going to be pork items, smithsonian and other places have nothing to do with disaster relief and that what happens around here too often. when we borrow 40 cents out of every dollar make sure it gets to those who need it and there are millions of americans in need. >> the congressman when he mentioned the drought affects you in kansas. there's a drought according to the agricul
taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you -- >> right. >> it doesn't matter. that is the redistribution. >> that's the agal tearan notion or the equality, the fairness in outcome. >> i'll give it to him. we'll ask the question. >> i just hope you got fired up watching lance. >> i'm fired up watching lance. i'm fired up for that interview. >> i can tell he hurt you. i could tell from when you were over there, you
to come how the a's rewarding manager melvin. >> caught on video. police officers lift a tax which their bare hands to save a trapped man. look at this. see more also here. >> biggest gathering on earth is now under way. stay with us. 7 news at 9:00 [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> well not only new york fin finest but may new york strongest. looking at amateur video of police officers lifting up a taxi that had just run of a man. officers apparently chasing the guy when he ran right in front of the cab. cops then literally lifted the taxi up and swung it away from the pinned man. he was taken to the hospital in critical condition. >>> huge redwoo
jersey and connecticut, these three states pay almost 16% of the taxes collected in the united states of america. >> some house conservatives favored amendment offered by south carolina mick mulvaney to pay for $17 billion in disaster relief cutting discretionary spending across the board by 1.63%. >> it's important to me that the money goes to the folks who need it very badly. it's so important to me,be that i think we should pay for it. >> the amendment failed. key new york democrat says paying for disaster relief cutting elsewhere would be a first. sandy victims should get their aid. >> i wantbe to repeat this point again. united states of america we respond to disasters. all americans respond to disasters. we don't ask for off-sets. >> with the nation's debt at $16 trillion and counting, conservatives say it isn't about bashing the northeast. it is about saving the country. >> we have to get this under control. most conservatives believe we have to come to a point where we stand and fight. i hope this is the time. >> after president obama said it would be irresponsible and absurd
to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of those drugs. if anything they have soared since that benefit came in because the government cannot act as a source of even buying in bulk for cutting prices. >> that's exactly right. and in fact i'm also supportive of legislation that would allow medicare, just leak the veterans administration to negotiate with the manufacturers, the drug companies, for lower drug prices. and i guess the point is that there are -- >> it doesn't work. didn't work in the case of drug prescriptions. if you were to expand this to care, what -- >> no, no. >> what is the chance you would get more bang for the buck? >> here's
the battle of spending your tax dollars . a showdown looming between the congress and president on the debt ceil tonight how majority of the americans think that the problem should be solved. >> and hot cars. fox reports from what is billed as the greatest collector car auction. i am harris falker. we start with americans held captive taken by terrorist in the bp oil plant inside of gerl -- algeria. some of our people have been breaking free of the evil captor and that siege in the oil plant is over. we can now confirm the algerian army stormed the complex and ended the siege. president obama stands ready to provide the assistance for gerl - algeria in the aftermath. so many conflicting reports as we got word of the terrorist attack. we know that lives have been lost, but the question is how many. defense secretary leon pan nela speaking today. >> since 9/11 we made clear that, that nobody is going to attack the united states of america and get away with it . for that reason we have made a commitment that we are going to go after al-qaida wherever they are and wherever they try to hide . we
that could stimulate the economy. the economy and corporate tax reform. corporations, their outreach to business leaders. business leaders are begging for corporate tax reform. to have tax reform being part of a debt deal, all of these things will help get the economy on course faster than it is now. >> listen, it seems to me this is the absolute crux, isn't it? this sort of paralysis we've seen in washington, the very silly behavior that many would see, as we've witnessed in the last two years. this has to come to an end. i'm quite disturbed really, when margaret says john boehner is not going to get in a room and get stuff done. that's what gingrich and clinton did. they fwoet told me that. they learned the hard way when government came to a grinding halt. and that's when they got in a room together. i would like to see the speaker and the president get in a room. i think they've been equally to blame in many ways for this impasse between them in the last four years. i don't want to see them do it the official way. you have a democratic senate, a republican congress, i don't see ho
at their check. i guess it was last week, when they saw the big cut in the social security payroll tax. it was a jump. you have less money now. so many things are affected unfortunately. coming into february, here we are again going to be with spending cuts going to kick in officially. all of this will affect unfortunately the markets. it will be a little rough. the economy is fragile. don't get a deal, jenna. you're looking at recession. fitch knows that. investors know that. we're watching it here at fox business. a little rough. jenna: all right. those are the stakes, recession or not. we'll watch this very closely over next couple weeks. cheryl, thank you. >> you bet. jon: after weeks of delay, secretary of state hillary clinton will testify on capitol hill about the benghazi attack on january 23rd. the secretary will face some tough questions from the house foreign affairs committee about the assault in september that left four americans dead including u.s. ambassador chris stevens. miss clinton was set you would to testify last month but she suffered a concussion falling during i
demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. >> all right. the white house called the ad repugnant and cowardly. i think they are right. can i say something about this partisan back and forth. we have just come out of a heinous mass murder atrocity which is of course a complete national tragedy. all right. is it possible, just once that the republicans and the nra and democrats and the president can stop this cheap unseemly squabbling just once? may we have a civilized conversation about what this nation can do to avoid another horrible sandy hook? all i want, all i want is a civil conversation. there's a lot of very complex pieces here and they need the best minds to figure this out. i just want the squabbling to stop. this is worst than the fiscal squabbling and the debt ceiling. you know why? the stakes are higher. we're talking human lives. those little baby angels. let's try in their memory to figure something out if stead of hurling epitha
tax-funded bailouts. period. >> years of spending under both parties add up and the debt ceiling talks of 2011 led to a budget attend off between democrats and republicans who took back control of the house of representatives in the midterms. >> is there a risk the united states could lose their aaa rating? yes-or-no. >> no risk. >> the debt ceiling was raised in august the political fight in the spot lighted on the deficit and debt problems less s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term and now he is stepping down. president obama's pick to replace him is jack lew, who has established a close relationship with the president. lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple
about every republican senator who voted for this. we have cut taxes with the republicans and cut spending with the republicans and democrats, on evaluatbviously a done a lot of other things but the american people have to be engaged in this and we did thorough research after the election and this is what they want to do, focus on balanced debt reduction, how to help the middle class, immigration, gun safety, energy and we want to be sure in the country these debates are not quiet debates in rooms in washington, exclusively. that there are people out there in the country pushing for action. >> chris: when the president talks in that clip about the republicans have suspicions about social security. suspicions about feeding poor kids, that is not true. >> listen, chris -- >> they have different ideas about how to save social security. not suspicions about social security. >> well, i think again, where common ground does exist on the need to reduce the deficit in a balanced way that will help the economy grow, amongst democrats on the hill, and, a few republicans, the barrier to prog
Search Results 0 to 49 of about 123 (some duplicates have been removed)